Industry Analysis & Industry Trends
The Silver, Lead and Zinc Ore Mining industry is expected to generate revenue of $4.97 billion in 2012-13, compared with $6.57 billion in 2007-08 (an annualised fall of 5.4%). The decline reflects a retreat from high zinc prices and, more particularly high lead prices (in both US dollars and Australian dollars) that prevailed in 2007-08. Revenue is expected to ease by 0.3% in 2012-13, as increased output of zinc, lead and silver, combined with higher silver prices, offset lower prices for zinc and lead (in Australian dollars and after adjustment for inflation). The industry's share of GDP in 2012-13 is expected to be 0.2% and it is projected to make a profit before interest and tax of $1.97 billion. A... purchase to read more
Industry Report - Industry Analysis Chapter
Trends in US dollar prices, mine output and exchange rates determine the performance of the Silver, Lead and Zinc Ore Mining industry. These three metals typically occur together in mineral deposits and sometimes copper and gold are also present.
The sovereign debt crisis playing out in the eurozone, weak economic activity in the United States and slower Chinese growth have all taken their toll on the global demand for zinc and lead in the second half of 2012. Although consumption of these metals has grown, production has increased more rapidly, resulting in increased stocks and putting downward pressure on prices... purchase to read more